Crypto lawyer and XRP advocate, John Deaton, has analyzed potential candidates to replace Gary Gensler as Chair of the U.S. Securities and Exchange Commission (SEC). Deaton has zeroed in on Brad Bondi, Global Co-Chair of Investigations and White Collar Defense at law firm Paul Hastings, as his top choice. Deaton believes Bondi would be a good fit for the role and could bring positive changes to the SEC. He emphasizes the need for the SEC to have someone who understands the crypto market and quotes a former SEC Chief who believes Bondi could transform the SEC into a crypto-friendly institution. Deaton also mentions that Bondi understands the jurisdictional differences in the crypto space, such as DeFi and self-custody falling outside of the SEC's purview. While speculation about Gensler's potential resignation is ongoing, the final decision on his replacement rests with the next administration.



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